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Showing 20 of 393 results by Westant
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Board Mining
Re: any real mining shop? just got slammed
by
Westant
on 17/02/2022, 14:33:03 UTC
The best way to buy a mining setup is to contact a card provider. For example to zotak, asus, gigabyte or MSI etc. They either have their agency branches listed on their websites or you can contact them via their contact details and ask them that from where can you buy their product. They will give you the contact of their agency in your country and you can buy from them. They have their agency all over the world. Who do not scam and if they scam you complaint against them on their website. They will do a penalty to the agency. The agency are third party who have business deal with these companies.
Post
Topic
Board Mining
Re: Is there anyone who have mining set up with solar panels
by
Westant
on 17/02/2022, 14:26:50 UTC
Thank you for your advise and I know that these will I face but want to know that if anyone have tried it with their mining rigs or not. I first want to know from the experience of other that how is it running in the time when it is sunlight and the solar panels are working. I want to know that how much is it possible.

Actually, he already answers what you need if you talking about how long the miner will run with solar panels it depends on your solar panel how much can produced and battery if how much can store.

If you want a diagram and how to calculate a mining setup with solar I suggest you check this PDF file below

- https://www.sit.ac.nz/Portals/0/upload/documents/sitjar/2021/SITJAR_-_Naveed_3.pdf

Take note this is an off-grid setup

Also check this thread to get some idea for on-grid setup https://bitcointalk.org/index.php?topic=5337081.0
Thanks for sharing the links it helped me.
I was meant to meet a person who have personal real life experience it make us more confident as there is always a difference in the theory and practical work in any field.
Post
Topic
Board Bitcoin Discussion
Re: Will ₿ replace Paypal?
by
Westant
on 17/02/2022, 14:17:01 UTC
Bitcoin is certainly a currency, but it is not as convenient to pay as it seems. Bitcoin will probably never replace traditional electronic money because, firstly, not all governments will support this idea, and secondly, there are much more convenient ways to make payments than bitcoin.
Right now it is thought to be right which you are saying but in the future the situation will be totally different and people will think only bitcoin as the convenient way of payment and people will adopt it thinking it as the modern way of payment for their services and purchases.
Post
Topic
Board Bitcoin Discussion
Re: Who is really controlling the Bitcoin market.
by
Westant
on 17/02/2022, 14:14:25 UTC
Bitcoin is really controlled by its users. Bitcoin users and traders control Bitcoin and Bitcoin company only maintain server and develop its stability.

In theory, this is true that bitcoin is only controlled by the users. This is completely a game of demand and supply. The more there is demand, the more high the price of bitcoin because its supply is limited.

However, in reality, there are big whales, investors and exchanges who manipulate the market as they have a lot of bitcoin to sell and then rebuy and in this way, they keep on increasing their holdings and retailers are the ones who lose money by this manipulation.
But the thing here is that Who are those people you are talking? is it small investors or the whales?

But the problem here is that Whales are truly the one who manipulates the market and they are controlling the market.

But if we small investors will do as one? then we are really the one who controls the market .

In he early years of the invention of bitcoin it was thought that bitcoin is manipulated by the whales and they were also doing so but is now not possible in the recent time. In the recent time bitcoin is distributed to a wide range in the market and it is now not possible for some people to control bitcoin.
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Topic
Board Services
Re: Looking for someone from india who knows how forums work there
by
Westant
on 17/02/2022, 14:00:45 UTC
Inbox me. I may help you.
Post
Topic
Board Bitcoin Discussion
Re: Are we wrong? Bitcoin or Blockchain what does Satoshi actually mean?
by
Westant
on 15/02/2022, 23:58:33 UTC
Maybe one day the real Satoshi appeared and did a patent the blockchain. Is this the real purpose of Satoshi's intention to create Bitcoin?
Impossible. Real Satoshi won't ever have the idea to appear, he decided to let this be decentralized. He also will harm himself and the existence of Bitcoin if he braves to appear. He has done a hard job so far and hides his identity perfectly, he won't ruin it by appearing one day. If he really appears, it may be the end of Bitcoin and crypto industry.

It is right that he will not patent but it is wrong that if he appeared then it will harm bitcoin or harm himself. Everyone love him and his work and everyone know that now it is decentralized no matter he come or not. If he come to public then people will give more love and respect to him. If he will appear that it will not be the end of crypto and this industry but he will bring more blessing for this industry and people.
Post
Topic
Board Mining
Re: any alternative android or windows apps like pi network
by
Westant
on 15/02/2022, 23:53:11 UTC
any alternative android or windows apps  like pi network. i am doing mining in pi network from last one year
like that is there any other list of apps which can give free coins
It is not mining what you are doing on your phone because the mining require high power mining/gaming cards. You not even mine with your simple computer if you want to mine a profitable coin. With your phone you just open an app which show you fake numbers of the coin.

any alternative android or windows apps  like pi network. i am doing mining in pi network from last one year
like that is there any other list of apps which can give free coins

You mean an app that shows some numbers and is lying you that you'll get rich? I guess that you can find plenty of such apps and websites.
But that's not mining and you will not touch that money. Just do some search on the net or on this forum about pi being a scam.


A week ago one of my friend told me that the price of Pi increased too much and he show me a coinmarketcap page where it was really of a high value I was amazed but then forgot about that and told to myself that I missed that opportunity and I even forgot to search further about it after coming to home. But after this reading this post and your comment it remind to me and after my search I found that it is another coin names as picoin which is listed on coinmarketcap. the fake one is pi network which is making everyone fool.
Post
Topic
Board Economics
Re: Dealing with tax and crypto ban
by
Westant
on 15/02/2022, 23:41:57 UTC
This government, have they really taken time to study cryptocurrency and how it works? Do they know that even if they should ban crypto currency in the country that there will still be people who are making use of these crypto currencies and be able to trade them despite whatever ban they might have placed on it?

As for cryptocurrency mining, it is quite possible that the government can stop companies from mining cryptocurrency, because it is quite easy to spot the crypto miners wherever they might be. So, it is quite possible for them to stop it, which is one way I think that they can do something that will affect Bitcoin.

And this is because Bitcoin these days is not something that you can just mine from your home with your computer. This time around it requires a big mining farm and all that. I think if it was as it used to be before, then it would be even more difficult for them to stop mining. It is good that Russia didn’t ban it, but rather accepted it.
It is the big mistake of the countries who think that they will ban it and the use of it will be erased from the country while in actual they are losing themselves as people can use it anonymously and people will use it because of the benefits to them and the government will not be able to take the taxes. Those who study it on time found it to better is to accept it and those who will study later will regret to lose the taxes collections.
Post
Topic
Board Bitcoin Discussion
Re: Are we wrong? Bitcoin or Blockchain what does Satoshi actually mean?
by
Westant
on 15/02/2022, 23:38:21 UTC
a CBDC has advantages over normal digital fiat.
You can't compare those two, they are apple and oranges even if that sounds strange.

Central bank digital currencies are going to replace cash, they won't be an alternative to a digitally represented fiat. A transaction that is done via your bank is an IOU-based. CBDCs won't have any difference from cash other than humiliatingly bad privacy. So, it should be properer to say that CBDCs have disadvantages over, say Bitcoin.

obviously it has many many many disadvantages over bitcoin. i listed a few..

but governments are trying to go "cashless" meaning its not going to be a paper cash + digital cash + CBDC... its just going to be CBDC

but like i also said if it went full 'bank authorised' both in registration and payment sign off. then all 'cash' features are gone. which is the negatives of CBDC

there would need to be a way for people to make their own independent keys with no banker multisig to retain some "cash" features



If satoshi will appear and will do a patent for blockchain

its too late..

bitcoin went public in 2009 and got good wide public use in 2010. whereby satoshi would have ran out of time (grace period) to file a patent

that said even in 2009 he wanted it open and public, he didnt want to patent it.
and even now he wont gain anything if it were even possible to patent it.


It is really too late right now and in copyright cases anything can happen but I am sure that he will not do that because of the reasons which I mentioned above. He has developed a new style system and the patent will just erode its this feature then it will mean nothing to file a patent.
Post
Topic
Board Mining
Re: Is there anyone who have mining set up with solar panels
by
Westant
on 15/02/2022, 23:35:05 UTC
Mining requires 24/7 power availability to be profitable.
Just solar panels don't provide that. You need either energy storage to accompany that or take from grid at times your panels don't supply power.
Building electricity storage solution at present is very costly and will not be profitable for you.
Relying on grid and using 100% supplied by panels when they produce is your best option right now.
Thank you for your advise and I know that these will I face but want to know that if anyone have tried it with their mining rigs or not. I first want to know from the experience of other that how is it running in the time when it is sunlight and the solar panels are working. I want to know that how much is it possible.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is A Better Option Than Fiat Money?
by
Westant
on 15/02/2022, 23:31:56 UTC
In terms of investment, I'm choosing bitcoin, but for the regular transaction, we cannot deny that fiat is more widely accepted compared to bitcoin, so we cannot just ditch fiat for bitcoin because it will not happen. The majority are still using fiat, and I don't see any possibility that bitcoin will surpass the popularity of fiat in the future unless we will shift into a decentralized world or government.
People are paying widely in fiat for their local purchases but many people like others to accept bitcoin for their purchases but they cannot because the retailers are not aware from this much and they do not accept right now. For international purchases crypto is used by people on all those platforms where it is accepted and people are happy with it.
Post
Topic
Board Economics
Re: Dealing with tax and crypto ban
by
Westant
on 13/02/2022, 21:41:03 UTC
Accepting the crypto taxes does not necessarily mean that government or central banks are actually accepting them as legit assets. Remember that tax acceptance could be Trojan horse situation where Government is saying that they are in favour of it but deep inside they could be plotting big arena battle. The recent case with India, where budget stated that they will levy 30% taxes on the crypto earnings. Just imagine the situation of those who are in India right now. I mean they may be happy but they may not be really happy!

It’s not full ban at all, but it’s indirect ban because who would pay 30% of their income straight in taxes? That’s sorrowful and they can’t just deal with it.
What we see with India is different. They should give the governments stand on cryptocurrency usage and further about the tax. What has happened is straight opposite, they've taxed heavily and then said just because cryptocurrency is taxed it doesn't mean it is legalized. So what does this people do, whether they can make use of it or not. For such a situation it is good to have a clear view as China. If I'm not wrong India won't make a conclusion statement, because it looks like more politicians invested into it.
I think the people of India will not be sad much because I check about their income tax on normal currency and they are also taxing the normal income up to 30%. The income tax starts from 5% and reach to 30% with the ascending of Indian citizens income. The only difference is that the tax on normal income starts from 5% and reach to 30% while the tax on crypto is fixed 30%. Those who already paying normal income tax will find it familiar but those who are new to taxes will find it a little hard. 
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Topic
Board Bitcoin Discussion
Re: Are we wrong? Bitcoin or Blockchain what does Satoshi actually mean?
by
Westant
on 13/02/2022, 21:22:18 UTC


Maybe one day the real Satoshi appeared and did a patent the blockchain. Is this the real purpose of Satoshi's intention to create Bitcoin?
Will Bitcoin remain valuable or vice versa? for sure Blockchain will still exist and will be a large system that will be used by many institutions and even governments.

What do you guys think?

If satoshi will appear and will do a patent for blockchain then he himself will harm the purpose of him behind blockchain, which he will not do. His thought was to make it decentralized and I think he kept his promise and from his side it is still decentralized. Filing a patent will make this centralized to him and I know he will not do that because everyone love his idea and everyone love to maintain his idea when it is implemented.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is A Better Option Than Fiat Money?
by
Westant
on 13/02/2022, 21:16:08 UTC
bitcoin has many advantages

fiat has many advantages

That's why I don't see any reason to make comparisons.

for example:

fiat is recognized by governments which allows it to be used in countries, everything you buy uses fiat, people receive a salary using fiat, but there are maximum values ​​for walking on the street with fiat, something that does not happen with bitcoin where the person can be their own bank
All these advantages will be happening to bitcoin soon if the massive adoption will continue. It may not replace fiat, but its a good alternative for fiat in the future. For now, the best advantage of bitcoin is to have it for financial freedom. And this is rare to happen in fiat, as inflation continue to depreciate the value of fiat. And while fiat is closely monitored by the government, with bitcoin you can have limitless opportunities without the authority monitoring it.
I will further tell in this case that it was also a time when gold was also a currency being used by all over the world and then with the introduction of fiat many people found it strange to use and some opposed it but then a time came when fiat was the only currency of the world. Now another transition may occur between fiat and bitcoin. We will enter in another time when people all over the world will use bitcoin as their currency.
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Topic
Board Tokens (Altcoins)
Re: ✈️✈️✈️AERON✈️✈️✈️ - [Saving People's Lives]
by
Westant
on 12/02/2022, 19:42:30 UTC
$ARNX is the currency fuelling the future Aeron gameplay,

it is also an exclusive currency that turns players into

beneficiaries of the Aeron venture for Metaverse

Can we also get a feature that we with VR can sit in the pilot seat of aeroplane and we can fly an aeroplane? It will help people to learn to fly aeroplane. In any emergency anyone will be able to fly just like the drivers of cars are all around the world.
Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟
by
Westant
on 12/02/2022, 19:37:46 UTC
Hi dude: sta tokens has added two more trading marketplaces, no official announcement?
Hey, what's the news?

You can try to contact the Team over the support Mail, but i don't think you become a answer...

https://startaico.com/
https://starta.vc/

support@startaico.com

I tried that there but from a few days I am not getting any reply from them. So I came here to find that if any developer is active here. They have to care for their support portal.

The sta team seems to have given up on us. They took our money and hardly cared about the STA tokens in our hands. This is a scam. We should get together and sue them.
yes now it is the time that we do not leave those who scam us with their scam projects. It is we who made it easy for them because we do not take action against them. If we start to take action against scam projects then the scam projects will disappear from this place.
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Topic
Board Mining
Topic OP
Is there anyone who have mining set up with solar panels
by
Westant
on 11/02/2022, 21:57:33 UTC
I am searching about that how the mining setup will run on solar panel. If anyone from this board have their mining setup with solar panel then please share your opinion. I am planning to have one with some solar panels so I will mine for free.
Post
Topic
Board Mining (India)
Re: is it profitable to mine in India ?
by
Westant
on 11/02/2022, 21:53:13 UTC
is it profitable to mine in India considering the high temperature and electricity costs?
what is the minimum investment required and ROI ?

I am planning to mine Dogecoin and ethereum
Depending on the mining equipment you have and the required investment capacity is adjusted, usually Doge and Ethereum have a minimum and a maximum, your big investment is your profit.

I don't think electricity is a burden in trading in India, the problem is that internet is more expensive than electricity, if you are starting out, consider your internet with income.
For internet if you buy fixed data then they will not deduct extra from you while for electricity you cannot buy fixed unlimited amount.

For mining it is beneficial to mine nowadays if you can save Ethereum for longer and can pay bill from your pocket because in the coming time bitcoin will increase much higher. 
Post
Topic
Board Trading Discussion
Re: Best Non-KYC Methods for converting fiat -> Bitcoin?
by
Westant
on 08/02/2022, 00:07:24 UTC
What are some of the best ways to convert fiat to Bitcoin, without having to provide identification to a third party?

Ideally something that would work in high volumes, electronically and at low cost of conversion.

Some methods:
*Cash in person
*Money orders
*BTC ATMs without KYC or security cameras (are there any?)
*Bisq (various methods)

What else?
Cash in person and remitano can work for you to get cashout your money without KYC while ATMS may require strong KYC and after that the ATMs without cameras are also not available in the whole world as if they remain without camera then nothing will remain in it within a day. I mean robers get the benefit.
Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟
by
Westant
on 08/02/2022, 00:04:22 UTC
Hi dude: sta tokens has added two more trading marketplaces, no official announcement?
Hey, what's the news?

You can try to contact the Team over the support Mail, but i don't think you become a answer...

https://startaico.com/
https://starta.vc/

support@startaico.com

I tried that there but from a few days I am not getting any reply from them. So I came here to find that if any developer is active here. They have to care for their support portal.